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Theory and Misbehavior of First-Price Auctions: Reply
16 references·16 citing·48 second hopsampled
Theory and Misbehavior of First-Price Auctions: Reply (1992)Theory and Misbehavior of First-Price Auc…Experiments in Economics (2017)Experiments in EconomicsThe Endowment Effect, Loss Aversion, and Status Quo Bias (2016)The Endowment Effect, Loss Av…Games with Incomplete Information Played by “Bayesian” Players, I–III: Part I. The Basic Model (2004)Games with Incomplete Informa…Willingness To Pay and Willingness To Accept: How Much Can They Differ? Reply (2003)Willingness To Pay and Willin…Experimental Tests of the Endowment Effect and the Coase Theorem (2000)Experimental Tests of the End…MONETARY REWARDS AND DECISION COST IN EXPERIMENTAL ECONOMICS (1993)MONETARY REWARDS AND DECISION…Theory and Behavior of Single Object Auctions (1991)Theory and Behavior of Single…Microeconomic Systems as an Experimental Science (1991)Microeconomic Systems as an E…Prospect theory: An analysis of decision under risk (1988)Prospect theory: An analysis …Theory and Misbehavior of First-Price Auctions (1987)Theory and Misbehavior of Fir…The Disparity Between Willingness to Accept and Willingness to Pay Measures of Value (1987)The Disparity Between Willing…The Psychology and Economics Conference Handbook: Comments on Simon, on Einhorn and Hogarth, and on Tversky and Kahneman (1986)The Psychology and Economics …Controlling Preferences for Lotteries on Units of Experimental Exchange (1986)Controlling Preferences for L…An experimental test for risk aversion (1986)An experimental test for risk…Game-theoretic models and the role of information in bargaining. (1979)Game-theoretic models and the…Measuring utility by a single-response sequential method (1964)Measuring utility by a single…How to run an experimental auction: a review of recent advances (2019)How to run an experimental au…Repeated Rounds with Price Feedback in Experimental Auction Valuation: An Adversarial Collaboration (2011)Repeated Rounds with Price Fe…Valuation using multiple price list formats⋆ (2007)Valuation using multiple pric…Endogenous entry and self-selection in private value auctions: An experimental study (2007)Endogenous entry and self-sel…Designing Experimental Auctions for Marketing Research: The Effect of Values, Distributions, and Mechanisms on Incentives for Truthful Bidding (2007)Designing Experimental Auctio…A Test of Diminishing Marginal Value (2007)A Test of Diminishing Margina…The Effect of Initial Endowments in Experimental Auctions (2006)The Effect of Initial Endowme…Experimental Evidence on Alternative Environmental Valuation Methods (2006)Experimental Evidence on Alte…Individual behavior of first-price auctions: The importance of information feedback in computerized experimental markets (2005)Individual behavior of first-…Laboratory Testbeds and Non-Market Valuation: The Case of Bidding Behavior in a Second-Price Auction with an Outside Option (2004)Laboratory Testbeds and Non-M…Explaining Overbidding in First Price Auctions Using Controlled Lotteries (2003)Explaining Overbidding in Fir…Are Structural Estimates of Auction Models Reasonable? Evidence from Experimental Data (2003)Are Structural Estimates of A…Excess Entry in an Experimental Winner-Take-All Market (2001)Excess Entry in an Experiment…Information and the Divergence between Willingness to Accept and Willingness to Pay (1999)Information and the Divergenc…SELF-COMMAND IN ADAM SMITH'S THEORY OF MORAL SENTIMENTS (1996)SELF-COMMAND IN ADAM SMITH'S …Ambiguity aversion in first-price sealed-bid auctions (1995)Ambiguity aversion in first-p…COUNTERSPECULATION, AUCTIONS, AND COMPETITIVE SEALED TENDERS (1961)Bubbles, Crashes, and Endogenous Expectations in Experimental Spot Asset Markets (1991)The Use of Knowledge in Society (1996)Collective Action and the Evolution of Social Norms (2000)Experimenter demand effects in economic experiments (2009)The Logic of Scientific Discovery (2013)Reexamination of the perfectness concept for equilibrium points in extensive games (1975)An evolutionary theory of economic change (1982)Extensional versus intuitive reasoning: The conjunction fallacy in probability judgment. 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(2003)Toward a theory of customer engagement marketing (2016)The Contingent Valuation Debate: Why Economists Should Care (1994)Economic foundations of cost-effectiveness analysis (1997)Consumer's Surplus Without Apology (2016)Social costs of tourism during the COVID-19 pandemic (2020)Measuring Values of Extramarket Goods: Are Indirect Measures Biased? (1979)The theory of peak-load pricing: A survey (1995)Valuing Food Safety in Experimental Auction Markets (1995)Experimental auctions methods and applications in economic and marketing research (2007)Risk, Ambiguity, and the Savage Axioms (1961)Judgment under Uncertainty: Heuristics and Biases (1975)The Framing of Decisions and the Psychology of Choice (1981)Exploration and Exploitation in Organizational Learning (1991)Explicating dynamic capabilities: the nature and microfoundations of (sustainable) enterprise performance (2007)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Job Market Signaling (1973)An experimental analysis of ultimatum bargaining (1982)Rationalist explanations for war (1995)The Grammar of Society (2005)Status quo bias in decision making (1988)Well-being : the foundations of hedonic psychology (1999)Investor Psychology and Asset Pricing (2001)Relative Income, Happiness, and Utility: An Explanation for the Easterlin Paradox and Other Puzzles (2008)Recent developments in modeling preferences: Uncertainty and ambiguity (1992)Measuring Trust* (2000)Field Experiments (2004)
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References

  • 1988Prospect theory: An analysis of decision under risk32,475 cited
  • 2000Experimental Tests of the Endowment Effect and the Coase Theorem2,873 cited
  • 1964Measuring utility by a single-response sequential method2,656 cited
  • 2004Games with Incomplete Information Played by “Bayesian” Players, I–III: Part I. The Basic Model2,127 cited
  • 1991Microeconomic Systems as an Experimental Science1,418 cited
  • 2003Willingness To Pay and Willingness To Accept: How Much Can They Differ? Reply862 cited
  • 2016The Endowment Effect, Loss Aversion, and Status Quo Bias749 cited
  • 1993MONETARY REWARDS AND DECISION COST IN EXPERIMENTAL ECONOMICS560 cited
  • 1979Game-theoretic models and the role of information in bargaining.550 cited
  • 1987The Disparity Between Willingness to Accept and Willingness to Pay Measures of Value518 cited
  • 1991Theory and Behavior of Single Object Auctions395 cited
  • 1987Theory and Misbehavior of First-Price Auctions361 cited
  • 1986Controlling Preferences for Lotteries on Units of Experimental Exchange178 cited
  • 2017Experiments in Economics128 cited
  • 1986An experimental test for risk aversion78 cited

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  • 1986The Psychology and Economics Conference Handbook: Comments on Simon, on Einhorn and Hogarth, and on Tversky and Kahneman65 cited
  • Cited by

    • 2006Experimental Evidence on Alternative Environmental Valuation Methods219 cited
    • 2019How to run an experimental auction: a review of recent advances120 cited
    • 2005Individual behavior of first-price auctions: The importance of information feedback in computerized experimental markets115 cited
    • 2007Valuation using multiple price list formats⋆92 cited
    • 2007Designing Experimental Auctions for Marketing Research: The Effect of Values, Distributions, and Mechanisms on Incentives for Truthful Bidding88 cited
    • 2006The Effect of Initial Endowments in Experimental Auctions87 cited
    • 1999Information and the Divergence between Willingness to Accept and Willingness to Pay77 cited
    • 1995Ambiguity aversion in first-price sealed-bid auctions70 cited
    • 2003Explaining Overbidding in First Price Auctions Using Controlled Lotteries69 cited
    • 1996SELF-COMMAND IN ADAM SMITH'S THEORY OF MORAL SENTIMENTS68 cited
    • 2007Endogenous entry and self-selection in private value auctions: An experimental study65 cited
    • 2004Laboratory Testbeds and Non-Market Valuation: The Case of Bidding Behavior in a Second-Price Auction with an Outside Option58 cited
    • 2011Repeated Rounds with Price Feedback in Experimental Auction Valuation: An Adversarial Collaboration55 cited
    • 2001Excess Entry in an Experimental Winner-Take-All Market52 cited
    • 2003Are Structural Estimates of Auction Models Reasonable? Evidence from Experimental Data51 cited
    • 2007A Test of Diminishing Marginal Value48 cited